Meet Dan.

Dan Granucci launched Iron Path Wealth Management with a simple mission; to create a wealth management platform that he would want to hire for his family.

With over 15 years in wealth management, a young family and a strong background in finance, Dan knew what would matter to him if he was choosing a partner from whom to get advice.

Below, Dan details the values that Iron Path Wealth Management operates with.

Honesty.

Honesty requires someone to simply not lie.  There is an active side of honesty that requires more courage.  It requires someone to give authentic advice, even if it is difficult to give as well as receive.  An advisor cannot be afraid to tell hard truths.  Iron Path Wealth Management wants to elevate transparency, to be truthful with each client in order to make effective decisions.

Throughout Dan’s life, he has never been afraid of a tough conversation when the end result ultimately will have a better outcome.  Many of Dan’s clients have been positively impacted by these genuine discussions. While Dan is not afraid of telling the truth, he wants to set a higher, more transparent bar in the world of wealth management.

Iron Path Wealth Management does not believe in “Yes Men” or “Yes Women” that are seeking the path of least resistance with clients.  The lack of direct feedback hurts a client and, in Dan’s opinion, goes against his fiduciary duty to do what is in his client’s best interest.

Education.

For an advisor to guide a person or business through the many important decisions in life, they need to be highly educated in finance, especially financial planning.  Dan started his career in finance with an undergraduate degree in finance and then moved on to become a CERTIFIED FINANCIAL PLANNER™ (CFP®) and finally completing the three years of studying and examination to become a CHARTERED FINANCIAL ANALYST® (CFA).  These dedications are widely considered to be the gold standards for financial planning and comprehensive financial analysis. This education prepared Dan to give advice that includes ____ but also goes far beyond portfolio management.

Independence.

Conflicts of interest are entirely too prevalent in the world of financial advice. Between selling products for a commission, “managed money” with exorbitant fees, or proprietary products that are motivated by company goals or shareholders there are a lot of people’s interest that are being put before the client’s needs. 

As an Independent, Fee-Only, Fiduciary Registered Investment Advisor that is enthusiastic about flat, transparent fees, Dan works hard to eliminate these conflicts.  Iron Path Wealth Management, Inc. is committed to its clients and only its clients.

Value.

A Wealth Manager’s job is to help their clients grow their assets and manage their risks.  Advisors need to be adding to their client’s bottom line, otherwise, they are simply an added expense in exchange for an annual visit to a nice conference room.  That is a bad way to grow and preserve wealth. Too often other advisors are not doing enough of the value-adding work such as managing taxes, building efficient and cost-effective portfolios, and identifying and fixing client’s financial blind spots. 

Iron Path Wealth Management, Inc bases its prices on the amount of work they do for a client, rather than the highest fee they can convince a client to pay.  You don’t pay your mechanic more for brakes than an air conditioner because you need them more.  You pay for parts and labor. 

Iron Path Wealth Management’s pricing is similar in that your fee is based on the effort that is needed and the costs incurred to deliver advice and management. Rather than offering one or two meetings per year that focus on which investments were bought or sold and why IPWM offers frequent and flexible contact that covers many topics designed to keep more money in our client’s pockets.  No shortcuts.

Efficiency.

Clients deserve to work with a firm that values their time.  Technology has made our lives easier in so many ways, but Wealth Management continues to feel clunky and dated.  Sure, there are online trading platforms that can solve some basic investment needs in an efficient way, but what happens if your life is bigger than the stocks you own? Dan believes that technology is going to drive Wealth Management forward.  It will make clients’ lives easier and focus their time on what really matters whether that is their goals, their family, or their opportunities.

Dan believes that it is the role of a good wealth manager to know how to manage risks and seek opportunities for their clients.  Just as experts inserted those holds for amateur climbers to reach the peak safely, so should an advisor help their clients reach their goals with ease.  An advisor should use their experience and perspective to enrich the lives of clients and empower them to reach goals more comfortably.  

When done properly, goals are clearer, values are represented, and great result follow right along.  Finances seem simpler and more aligned with priorities.  That Peak Experience arrives when everything fits together and no stones are left unturned.  

The view from the top is worth it!